Niederer Kraft & Frey, with Swedish law firm Vinge as lead counsel, was Swiss counsel advising Crypto International Group AB, Sweden, on the acquisition of the international business of Crypto AG. The international business will be further developed by Crypto International Group AB. The Swiss business is being transferred to Crypto Schweiz AG as part of a management buyout.
Niederer Kraft & Frey won the European Corporate Deal of the Year Award at this year's The Lawyer European Awards ceremony in London for its role as lead advisor of Actelion Ltd in the US$30bn acquisition by Johnson & Johnson, combined with a spin-off and listing of its R&D and early clinical operations into Idorsia Ltd.
With a team led by Dr. Pär Johansson from its Cologne office, Heuking Kühn Lüer Wojtek advised investment company Odewald KMU on taking out a majority stake in heizkurier GmbH. The managing shareholders of heizkurier will keep significant stakes in the company. The partnership will enable heizkurier to continue to expand in Germany and to open up markets in other European countries.
MinterEllison has advised multinational steelmaker, POSCO, on its interests related to the IPO of Jupiter Mines Limited (Jupiter), which aims to return to the ASX-boards.
POSCO is the second largest shareholder of Jupiter, with 17% equity. Jupiter delisted from the ASX in 2014.
An offer of a minimum of 500 million shares, and a maximum of 600 million shares, is being made through the prospectus.
Australia’s leading independent law firm, Corrs Chambers Westgarth, has advised IP Group Plc on its first Australian institutional mandate targeting investment across life sciences and technology.
Corrs assisted IP Group in structuring a co-investment vehicle with major Australian superannuation fund Hostplus.
Withers KhattarWong represented Southeast Asia’s leading on-demand transportation and mobile payments platform Grab in its pilot project – GrabCycle, a marketplace app unifying four different mobility partners into a single app.
The Withers KhattarWong team, co-led by Singapore-based Corporate partners Farhana Siddiqui and Leong Chuo Ming, with the assistance of legal associate Chow Su Rin, represented Grab in setting the template for its partnership agreement with the other mobility partners.
Infarm, Europe’s urban farming leader has raised USD 25 million in a Series A financing round led by Balderton Capital with participation of TriplePoint Capital, Mons Investments LLC, as well as existing investors Cherry Ventures, QUADIA and LocalGlobe. The international law firm Taylor Wessing advised Balderton Capital regarding all legal aspects of this financing round.
The CMS office in Tirana collaborated with the European Bank for Reconstruction and Development (EBRD) in Albania in the financing transaction of Ujësjellës Kanalizime Tiranë Sh.a (UKT), the Albanian state water company, for a total value of 30 million Euro. This transaction, one of the most important since the beginning of the year in Albania, will finance expansion works in the Bovilla reservoir.
The shareholders of food wholesaler PROHOGA have sold their majority stake to Rieker Investment GmbH. The current owner, the Lauffer family, is retaining a minority interest and will act in an advisory capacity to the company going forward. The parties agreed not to disclose details of the transaction value.
A CMS team led by Dr Maximilian Grub advised the family on all legal aspects of the transaction.
Allianz has sold the Zollstock-Arkaden residential and commercial building in the Zollstock district of Cologne. The tenanted property was acquired by aik Immobilien-Investmentgesellschaft mbH for one of its special real estate funds. Built in 1991, the four-storey property is located south of downtown Cologne and offers total floor space of around 15,000 square metres. Retail premises account for some 5,700 square metres of the rental area, with approximately 3,500 square metres being devoted to offices and medical practices. The 77 residential units cover around 5,500 square metres.